Exercise 11-06 Your answer is partially correct. Try again. Metlock Company purchased equipment for $285,600 on October 1, 2020. It is estimated that the equipment will have a useful life of 8 years and a salvage value of $12,000. Estimated production is 48,000 units and estimated working hours are 19,000. During 2020, Metlock uses the equipment for 530 hours and the equipment produces 1,100 units. Compute depreciation expense under each of the following methods. Metlock is on a calendar-year basis ending December 31. (Round rate per hour and rate per unit to 2 decimal places, e.g. 5.35 and final answers to 0 decimal places, e.g. 45,892.) (a) Straight-line method for 2020 (b) Activity method (units of output) for 2020 8550 6270 (c) Activity method (working hours) for 2020 7632 (d) Sum-of-the-years'-digits method for 2022 45600 (e) Double-declining-balance method for 2021 71400